Cap Rate definition

Cap Rate. For each Calculation Period, as set forth for such period on Schedule I attached hereto. Floating Rate for initial Calculation Period: To be determined Floating Rate Day Count Fraction: Actual/360 Floating Rate Option: USD-LIBOR-BBA, provided, however, if the Floating Rate Option for a Calculation Period is greater than 10.00% then the Floating Rate Option for such Calculation Period shall be deemed equal to 10.00%.

Cap Rate. With respect to any Calculation Period, the rate set forth for such period in the Schedule of Notional Amounts attached hereto. Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing April 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. One Business Day preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA, provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than 9,00000% then the Floating Rate for such Calculation Period shall be deemed to be 9.00000%.

Cap Rate means, for each Mortgaged Property, a capitalization rate reasonably selected by the Lender for use in determining the Valuations, as disclosed to the Borrower from time to time.

Examples of Cap Rate in a sentence

• The lump-sum payment will be calculated using a discounted cash flows analysis for perpetual payment streams, otherwise known as a Capitalization Rate (Cap Rate).The Cap Rate calculation requires an assumption of a long-term rate of return on comparable investments, and a long-term inflation rate.

• The calculation for arriving at a lump-sum payment is as follows:Lump Sum Value = Annual Base Value ÷ 4.0%The following table provides an example of the application of the Cap Rate to various Annual Base Values: Annual Base Value$500$1,000$5,000$10,000Lump Sum at 4.0%$12,500$25,000$125,000$250,000 Lump-sum payments would be allocated based upon the applicable Tax Rate Area at the time of payment.

• Cap Rate and percentage to be proportionally allocated over one year.

• Market Stabilizer Option (Variable Indexed Option Rider)Specified Growth Cap Rate% (indicate a Growth Cap Rate between 6% and 10% in whole percentages only)If the Growth Cap Rate AXA Equitable sets on a given Segment Start Date is less than the rate you specify, any Policy Account Value you have in the Market Stabilizer Option Holding Account will not be transferred into that Segment.

• As such, changes in both SNOI and Cap Rate could significantly alter the fair value of the investment properties.

More Definitions of Cap Rate

Cap Rate. With respect to the Yield Maintenance Agreement, the rates set forth therefor in Exhibit O. Certificate: Any one of the certificates of any Class executed and authenticated by the Trustee in substantially the forms attached hereto as Exhibits A-1 through A-5.

Cap Rate means, with respect to any Accrual Period applicable to the Auction Rate Notes, the lesser of (i) the applicable Maximum Rate in effect for that Accrual Period and (ii) the ARS Student Loan Rate in effect for that Accrual Period.

Cap Rate means seven and three-quarters percent (7.75%).

Cap Rate. With respect to any Calculation Period, the rate set forth for such period in the Schedule of Notional Amounts attached hereto. Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing April 25, 2007 and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. One Business Day preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA, provided, however, that if the Floating Rate determined from such Floating Rate Option for any Calculation Period is greater than 9.00000% then the Floating Rate for such Calculation Period shall be deemed to be 9.00000%.

Cap Rate means the Treasury Rate plus 2.8%.

Cap Rate means the interest rate set out in a Loan Details Area and identified or described as such, and also means such rate as changed in accordance with the terms of the Mortgage or by agreement between you and us.

Cap Rate means, at any time, the greater of (a) seven and one-quarter percent (7.25%), and (b) the “Cap Rate” as such term (or any equivalent term howsoever defined) is defined in the AIG Note Purchase Agreement, the Barings Note Purchase Agreement, the MetLife Note Purchase Agreement, the Prudential Note Purchase Agreement or any other Material Credit Facility, as the case may be.